STOCK TITAN

FalconX group builds 16.5% position in Sharps Technology (STSS) via warrants

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Sharps Technology, Inc. now has a significant new shareholder group led by FalconX affiliates. FalconX Holdings Limited may be deemed to beneficially own 6,563,498 shares of common stock, or about 16.5% of the company, including shares issuable from stapled warrants that are exercisable within 60 days based on 33,363,003 shares outstanding as of January 20, 2026.

Subsidiaries Solios, Inc. and FalconX Alpha, Inc. each may be deemed to beneficially own 5,794,268 shares, or roughly 14.9%. MNNC-related funds and entities together hold smaller positions primarily through cash stapled warrants. On January 9, 2026, Solios acquired 461,538 shares through a cashless exercise of cash pre-funded warrants, while MNNC Master Fund and MNNC BTC Master Fund sold shares in open-market trades at prices around $1.93 to $1.97 per share.

The investor group states the securities were acquired for investment and to gain exposure to Sharps Technology’s business and growth prospects. They are already in discussions with management and the board regarding strategy, governance, and potential changes to the board and business approach, though they do not currently commit to specific transactional plans.

Positive

  • None.

Negative

  • None.

Insights

FalconX-led group reports a concentrated 16.5% stake and begins strategic talks with Sharps Technology.

The disclosure shows a FalconX-controlled structure holding a sizeable position in Sharps Technology, mainly via warrants. FalconX Holdings may be deemed to own 6,563,498 shares, or about 16.5%, while Solios and FalconX Alpha each sit around 14.9% beneficial ownership on a 33,363,003-share base as of January 20, 2026.

The position is complex, combining common stock with cash and cryptocurrency stapled warrants. A 9.99% beneficial ownership limitation on cryptocurrency pre-funded warrants caps how much can be exercised at once, while stapled warrants are exercisable within 60 days. This structure shapes how quickly economic exposure can translate into voting power.

The group describes its stake as an investment but is already discussing business strategy, financial condition, governance, and possible board and management changes with the company. Future actions, such as additional purchases, warrant exercises, or sales, are left open, suggesting that later disclosures in company and shareholder reports will clarify how actively this investor group influences Sharps Technology’s direction.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The number of shares in rows 7, 9, and 11 consists of (i) 461,538 shares of Common Stock; (ii) Cryptocurrency Pre-Funded Warrants exercisable for 4,871,192 shares of Common Stock; (iii) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock; and (iv) Cryptocurrency Stapled Warrants exercisable for 4,871,192 shares of Common Stock. Each of the foregoing warrants became exercisable upon receipt of stockholder approval on October 14, 2025. The Cryptocurrency Pre-Funded Warrants are subject to a 9.99% beneficial ownership limitation that restricts exercise to the extent such exercise would result in Solios, Inc. ("Solios") beneficially owning more than 9.99% of the Issuer's outstanding Common Stock. Because the shares underlying the Cash Stapled Warrants and Cryptocurrency Stapled Warrants alone exceed such limitation, no shares issuable upon exercise of the Pre-Funded Warrants are included in the beneficial ownership of Solios as reported in Row 13 of the table. The Cash Stapled Warrants and Cryptocurrency Stapled Warrants are not subject to any beneficial ownership limitation and are exercisable within 60 days for purposes of Rule 13d-3(d)(1)(i). Accordingly, the shares underlying such warrants are included in Solios's beneficial ownership. Solios may be deemed to beneficially own an aggregate of 5,794,268 shares of the Issuer's Common Stock, representing approximately 14.9% of the outstanding shares of Common Stock. (2) The percent of class set forth in row 13 was calculated based on 33,363,003 shares of the Issuer's Common Stock outstanding as of January 20, 2026, as reported to the Reporting Person by the Issuer, and includes shares of Common Stock issuable upon exercise of (i) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock; and (ii) Cryptocurrency Stapled Warrants exercisable for 4,871,192 shares of Common Stock, each exercisable within 60 days for purposes of Rule 13d-3(d)(1)(i).


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The number of shares in rows 7, 9, and 11 consists of (i) 461,538 shares of Common Stock; (ii) Cryptocurrency Pre-Funded Warrants exercisable for 4,871,192 shares of Common Stock; (iii) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock; and (iv) Cryptocurrency Stapled Warrants exercisable for 4,871,192 shares of Common Stock. Each of the foregoing warrants became exercisable upon receipt of stockholder approval on October 14, 2025. The Cryptocurrency Pre-Funded Warrants are subject to a 9.99% beneficial ownership limitation that restricts exercise to the extent such exercise would result in Solios, Inc. ("Solios"), together with any of its affiliates, beneficially owning more than 9.99% of the Issuer's outstanding Common Stock. Because the shares underlying the Cash Stapled Warrants and Cryptocurrency Stapled Warrants alone exceed such limitation, no shares issuable upon exercise of the Pre-Funded Warrants are included in the beneficial ownership of the FalconX Alpha, Inc. ("FalconX Alpha") as reported in Row 13 of the table. The Cash Stapled Warrants and Cryptocurrency Stapled Warrants are not subject to any beneficial ownership limitation and are exercisable within 60 days for purposes of Rule 13d-3(d)(1)(i). Accordingly, the shares underlying such warrants are included in the FalconX Alpha's beneficial ownership. may be deemed to beneficially own an aggregate of 5,794,268 shares of the Issuer's Common Stock, representing approximately 14.9% of the outstanding shares of Common Stock. (2) The percent of class set forth in row 13 was calculated based on 33,363,003 shares of the Issuer's Common Stock outstanding as of January 20, 2026, as reported to the Reporting Person by the Issuer, and includes shares of Common Stock issuable upon exercise of (i) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock; and (ii) Cryptocurrency Stapled Warrants exercisable for 4,871,192 shares of Common Stock, each exercisable within 60 days for purposes of Rule 13d-3(d)(1)(i).


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
(1) The number of shares in rows 7, 9, and 11 consists of: (i) 461,538 shares of Common Stock held by Solios, Inc. ("Solios"); (ii) Cryptocurrency Pre-Funded Warrants exercisable for 4,871,192 shares of Common Stock held by Solios; (iii) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock held by Solios; (iv) Cryptocurrency Stapled Warrants exercisable for 4,871,192 shares of Common Stock held by Solios; (v) 461,538 shares of Common Stock held by MNNC Capital Digital Asset Opportunities Master Fund LP ("MNNC Master Fund"); (vi) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock held by MNNC Master Fund; (vii) 461,538 shares of Common Stock held by MNNC Capital Digital Opportunities BTC Master Fund LP ("MNNC BTC Master Fund"); (viii) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock held by MNNC BTC Master Fund. Each of the foregoing warrants became exercisable upon receipt of stockholder approval on October 14, 2025. The Cryptocurrency Pre-Funded Warrants are subject to a 9.99% beneficial ownership limitation that restricts exercise to the extent such exercise would result in FalconX Holdings Limited ("FalconX Holdings") together with any of its affiliates, beneficially owning more than 9.99% of the Issuer's outstanding Common Stock. Because the shares underlying the Cash Stapled Warrants and Cryptocurrency Stapled Warrants alone exceed such limitation, no shares issuable upon exercise of the Pre-Funded Warrants are included in the beneficial ownership as reported in Row 13 of the table. The Cash Stapled Warrants and Cryptocurrency Stapled Warrants are not subject to any beneficial ownership limitation and are exercisable within 60 days for purposes of Rule 13d-3(d)(1)(i). Accordingly, the shares underlying such warrants are included in the beneficial ownership and FalconX Holdings may be deemed to beneficially own an aggregate of 6,563,498 shares of the Issuer's Common Stock, representing approximately 16.5% of the outstanding shares of Common Stock. (2) The percent of class set forth in row 13 was calculated based on 33,363,003 shares of the Issuer's Common Stock outstanding as of January 20, 2026, as reported to the Reporting Person by the Issuer, and includes shares of Common Stock issuable upon exercise of (i) (i) Cryptocurrency Stapled Warrants exercisable for 4,871,192 shares of Common Stock held by Solios; (ii) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock held by MNNC Master Fund; and (iii) Cash Stapled Warrants exercisable for 461,538 shares of Common Stock held by MNNC BTC Master Fund, each exercisable within 60 days for purposes of Rule 13d-3(d)(1)(i).


SCHEDULE 13D


Solios, Inc.
Signature:/s/ Matthew Whaley
Name/Title:Matthew Whaley, its Vice President, Treasurer
Date:02/13/2026
FalconX Alpha, Inc.
Signature:/s/ Matthew Whaley
Name/Title:Matthew Whaley, its Vice President, Treasurer
Date:02/13/2026
MNNC Capital Digital Asset Opportunities Master Fund LP
Signature:/s/ Shiliang Tang
Name/Title:Shiliang Tang, its director
Date:02/13/2026
MNNC Capital Digital Opportunities BTC Master Fund LP
Signature:/s/ Shiliang Tang
Name/Title:Shiliang Tang, its director
Date:02/13/2026
MNNC Capital GP LLC
Signature:/s/ Shiliang Tang
Name/Title:Shiliang Tang, its director
Date:02/13/2026
Monarch Digital, Inc.
Signature:/s/ Ben Grigus
Name/Title:Ben Grigus, its Senior Director, Corporate Development
Date:02/13/2026
FalconX Holdings Limited
Signature:/s/ Brian Crist
Name/Title:Brian Crist, its Secretary
Date:02/13/2026

FAQ

What ownership stake in Sharps Technology (STSS) does FalconX Holdings report?

FalconX Holdings may be deemed to beneficially own about 6,563,498 Sharps Technology shares, or roughly 16.5% of the common stock. This figure includes shares issuable from certain stapled warrants that are exercisable within 60 days, based on 33,363,003 shares outstanding as of January 20, 2026.

How much of Sharps Technology (STSS) do Solios, Inc. and FalconX Alpha, Inc. own?

Solios, Inc. and FalconX Alpha, Inc. each may be deemed to beneficially own 5,794,268 Sharps Technology shares, representing about 14.9% of the company. Their positions combine common stock with cryptocurrency pre-funded warrants and stapled warrants that became exercisable after stockholder approval on October 14, 2025.

What recent transactions involving Sharps Technology (STSS) did Solios, Inc. complete?

On January 9, 2026, Solios exercised its cash pre-funded warrants on a cashless basis, acquiring 461,538 Sharps Technology common shares. After this transaction, Solios held those shares plus several classes of warrants, leading to an aggregate beneficial ownership calculation of 5,794,268 shares, or approximately 14.9% of the company.

How did the MNNC funds adjust their Sharps Technology (STSS) holdings?

MNNC Master Fund sold 269,321 Sharps Technology shares at $1.9253 on January 9, 2026, and 192,307 shares at $1.9653 on January 12, 2026. MNNC BTC Master Fund sold 260,411 and 47,281 shares on the same dates and prices. Each now holds only cash stapled warrants for 461,538 and 307,692 shares, respectively.

What are the key warrant terms affecting Sharps Technology (STSS) ownership?

The investor group holds cash stapled and cryptocurrency stapled warrants that became exercisable after October 14, 2025. Cryptocurrency pre-funded warrants are capped by a 9.99% beneficial ownership limitation, while certain stapled warrants are fully exercisable within 60 days and are included in beneficial ownership calculations under Rule 13d-3(d)(1)(i).

How does the FalconX group plan to engage with Sharps Technology (STSS)?

The FalconX-affiliated investors state they acquired Sharps Technology securities for investment and exposure to its growth. They are already discussing business strategy, financial condition, governance, and potential board or management changes with the company, while reserving the right to buy more, sell, or adjust their position over time.
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